Legion M intends to be the world's first fan-owned entertainment company. Jeff Annison, president and co-founder of Legion M, says Hollywood studios have been imposing their wills on the audience for too long. 'Our competitive advantage is that we already have fans attached to the project,' said Annison. 'It's not Hollywood studios pushing its products on the viewer.' Legion M has received nearly $1 million in reservations for stock in the company since its official launch at the first ever Silicon Valley Comic Con in March, according to Annison. None of those reservations are binding and no money has changed hands yet.